Venture capitalists are rarely involved in the governance and management of a venture that they finance.

Question

Quizplus · Accepted Answer

The role of the venture capitalist has traditionally been that of having a close working relationship with the business itself.The venture capitalist may advise management (or even work as part of the management team)and normally occupies a formal position of the company's board of directors.

Venture Capitalists Are Rarely Involved in the Governance and Management